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Barry Soper: ZB Political Editor on Govt's KiwiSaver tax U-turn
The Government has u-turned on a proposal to tax fees on KiwiSaver funds.
The proposal would have forced managed funds and KiwiSaver providers to pay a flat 15 per cent GST on fees.
Murray Harris, head of KiwiSaver at Milford Asset Management, said the government's change of stance was "sensible".
"Clearly this has engendered a lot of debate."
Newstalk ZB Political Editor Barry Soper joined Simon Barnett and James Daniels to discuss.
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See omnystudio.com/listener for privacy information.
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By Newstalk ZBThe Government has u-turned on a proposal to tax fees on KiwiSaver funds.
The proposal would have forced managed funds and KiwiSaver providers to pay a flat 15 per cent GST on fees.
Murray Harris, head of KiwiSaver at Milford Asset Management, said the government's change of stance was "sensible".
"Clearly this has engendered a lot of debate."
Newstalk ZB Political Editor Barry Soper joined Simon Barnett and James Daniels to discuss.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
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